Thompson Diane Louise 4
4 · Zovio Inc · Filed Oct 8, 2021
Insider Transaction Report
Form 4
Zovio IncZVO
Thompson Diane Louise
SVP,General Counsel & Secy
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-10-07−10,220→ 0 total→ Common Stock (10,220 underlying) - Exercise/Conversion
Common Stock
2021-10-07+10,220→ 131,818 total - Tax Payment
Common Stock
2021-10-07$2.24/sh−3,535$7,918→ 128,283 total
Footnotes (3)
- [F1]On October 7, 2021, 10,220 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]Subject to the reporting person's continuing service, the restricted stock units vest as follows: one hundred percent (100%) of the restricted stock units shall vest on the six (6) month anniversary of April 7, 2021.